Planning to give your house a much-needed curb appeal update can be motivating and exciting when you’re in the dreaming stage. You might even feel enthusiastic and motivated after browsing websites like Pinterest, Instagram, and home magazines to get some inspiration, especially when it comes to landscape remodeling.
However, spending money on your home’s exterior renovation has benefits beyond just raising its curb appeal. A well-maintained roof can safeguard your home for many years, while new windows and doors can reduce your heating and cooling bills.
The best part is that landscape remodeling and exterior improvements can significantly raise your home’s worth—if you’re planning to sell your home. It’s also a good way to pursue a landscape renovation that will elevate your outdoor living space.
Statistics on Home Renovations and Remodeling Projects
A few important trends and statistics to know about landscape remodeling and exterior renovations you should know before considering one for your home are as follows:
- In California, it is anticipated that landscaping services will generate about $11.1 billion in revenue by the year 2024, this is according to Statista Inc.
- The cost of landscape construction and external home renovation averages between $15,000 and $20,000 and includes outside painting, door and window trim replacement, porch railing replacement, and decorations.
- A new front door will cost you roughly $1,036, but a custom construction might cost up to $20,000.
- A few concrete steps can be replaced or repaired for less than $1,000, including removing the old steps, which costs between $400 and $700.
- A 200-square-foot covered porch typically costs $10,500 to build, but costs can rise quickly if extras like architectural elements or more expensive flooring are included.
- The average cost of painting a home’s exterior is $3,060 nationwide.
- In California, about one-third of households redesign their outside areas by grading, terracing, and adding landscaping. With 59% of homeowners working with a professional on major projects, the homeowner is more inclined to hire a landscape professional the larger the project.
Between 2021 and 2027, the DIY home improvement market is anticipated to expand at a CAGR of 4.5%.
According to GM Insights, the sector for home improvements is primarily driven by consumer desire for rich and energy-efficient living environments.
However, DIY house projects are extremely well-liked, particularly among men. As a result, by 2027, the DIY home improvement market will probably grow at a CAGR of 4.5%, with more renovation, landscape design, and landscape construction dominating the California market.
US dealers’ sales of building supplies, gardening tools, and other items in 2021 were close to $40 billion.
Home improvement initiatives are and have always been popular, as was stated in the previous statistic. According to data from the home remodeling sector on equipment and materials, retail sales soared from $29.6 million in January 2021 to $47.1 million in April 2021.
The sales were $39 million monthly, with contractors spending the most from September to November last year. Never before have home improvement tools, supplies, and equipment had such high monthly sales for landscape remodeling projects.
Homeowners should set aside at least 1% of their home’s value yearly for maintenance.
According to Discover’s statistics, there are a few ways to figure out how much money you’ll need to save for house improvements and landscape renovation. The 1% rule applies to one of them, and the other advice is to save 10% of a person’s total property tax bill.
In 2027, the exterior replacements market will represent more than 18.6% of global consumption.
According to several home renovation industry trends, exterior replacements, irrigation system improvements, property improvement, kitchen improvement, and dream landscape expansions will have the most increase in popularity from 2022 onwards.
The typical homeowner invests over $5,000 in a fresh coat of exterior paint.
Before you start this project, you will need a ladder and the confidence to touch up the paint on the trim. The likelihood of outsourcing a paint job and sourcing landscape materials, front yard tools, and shade structures to meet an idyllic landscape design is high.
Most California homeowners approach a remodeling project by ensuring professional landscape remodeling companies or contractors develop a thorough landscape plan that justifies a pricey landscape construction.
There is a preference to work with expert designers that can bring the homeowner’s vision and design process to life.
Materials for landscape remodeling range from $13,500 to $60,000.
Materials play a role in decision-making. According to Miguelez, the typical cost of cedar siding is $13,500, while vinyl installation starts at $4,500. Siding installation rates for solid stone siding range from $100 to $2,000 for 1,500 square feet, or about $60,000 for solid stone siding.
Outdoor Space and Landscape Renovation with Experts at West Hills Masonry
A landscape remodeling project in your backyard that elevates the feeling of a calm and peaceful home to those entertaining outdoor areas where you love family and friends—our team can turn even your most complex ideas into reality.
Our team goes above and beyond to guide you through each online process step and carefully considers your landscape design preferences and your property’s unique characteristics.
Book a consultation now and find out how we can design and build your Orange County landscape with meticulous attention to detail, the highest quality materials, and unparalleled creativity.
Email our team at email@example.com for more details or contact us at West Hills Masonry today!